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LIFO

/ˈlifoʊ/ /ˌɛlˌaɪˌɛfˈəʊ/
abbreviation
GeneralAccounting
  1. 1 LIFO, son giren ilk çıkar

Definition (English)

An inventory accounting method where the last items added are assumed to be the first ones sold.

Example Sentences

  1. The company uses the LIFO method for inventory valuation.
    Şirket stok değerlemesi için LIFO yöntemini kullanır.
  2. Under LIFO, the most recently bought goods are counted as sold first.
    LIFO yönteminde en son satın alınan mallar ilk satılmış sayılır.